Nikolay Gueorguiev is IMF Mission Chief for Ukraine. He's loan shark chief in charge of plundering it for profit. He issued a statement, saying in part:

"The mission has reached a staff-level agreement with the authorities of Ukraine on an economic reform program that can be supported by a two-year Stand-By Arrangement (SBA) with the IMF."

"The financial support from the broader international community that the program will unlock amounts to US$27 billion over the next two years."

"Of this, assistance from the IMF will range between US$14-18 billion, with the precise amount to be determined once all bilateral and multilateral support is accounted for."

Gueorguiev ludicrously said Ukraine "achieved some stability." It "faces difficult challenges," he added.

He lied claiming IMF's goal is "restor(ing) macroeconomic stability and put(ting) the country on the path of sound governance and sustainable economic growth while protecting the vulnerable in the society."

IMF policy is polar opposite. It's financial terrorism. In July 1944, it was established to stabilize exchange rates linked to the dollar.

It was to bridge temporary payment imbalances. It's hugely exploitive. It mandates debt entrapment. It does so to public wealth to Western bankers and other corporate predators.

It obligates indebted nations to obtain new loans to service old ones. Doing so assures greater indebtedness.

They affirmed Crimea's legal choice. Another 58 abstained. They included Argentina, Brazil, China and India.

Russia reacted responsibly. It did so in the General Assembly. Its UN Ambassador Vitaly Churkin said:

"Russia opposes the proposed General Assembly draft resolution. It is of a confrontational character."

"The draft attempts to cast doubt on the significance of the referendum held in Crimea, which has already played a historical role. It is counter-productive to dispute this."

"At the same time, the draft resolution has 'some right provisions.' For instance, the appeal to refrain from unilateral action and seditious rhetoric, which could lead to tension escalations."

"We believe that it is not necessary to pass any resolutions in order to hear these appeals. It is just necessary to follow the interests of the Ukrainian people and the interests of the normal flow of international relations."

"We hope that this understanding will prevail during today's discussion as well and continuing dialog regarding Ukraine. Russia is participating in it in a most constructive way."

Russia recognizes UN Charter principles. They affirm the right of all people to self-determination. Crimeans legally proclaimed theirs. Nations are obligated to respect it.

"In the context of the ongoing diplomatic mediation efforts by the parties concerned, an attempt to push ahead with the UNGA vote on the draft resolution on the question of Ukraine will only further complicate the situation."

"We believe that the actions taken by the United Nations on the question of Ukraine should reflect the consensus by all parties and should be conducive to the relaxation of tension and to the achievement of a political settlement of the crisis."

"The question of Ukraine involves the interests and concerns of various parties. There should be a balanced approach to address the question."

"All parties should exercise restraint and refrain from exacerbating the situation and continue the efforts to iron out their differences through political and diplomatic means and to solve the question of Ukraine within the framework of law and order."